1.) AAII’s(American Association of Individual Investors) neutral reading has been above 40% for 3 straight weeks for first time in 10 months.

2.) Outflows from small cap equity funds: 14 consecutive months (Morningstar).

3.) BAML(Bank of America/Merrill Lynch) Global Fund Manger Survey lowest equity exposure in 18 months.

As contrarians, this is certainly good news.

Hat tip Ryan Detrick